Buy Or Sell Opportunity • May 22
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 9.2% to €3.73. The fair value is estimated to be €2.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.6% over the last 3 years. Earnings per share has grown by 8.0%. Revenue is forecast to grow by 93% in 2 years. Earnings are forecast to grow by 91% in the next 2 years. Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. Independent Director Diane Biagianti was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Anuncio • May 10
indie Semiconductor, Inc. Provides Revenue Guidance for the Second Quarter of 2026 indie Semiconductor, Inc. provided revenue guidance for the second quarter of 2026. For the quarter, the company expects revenue to be between $59 million and $65 million, or $62 million at the midpoint. Anuncio • Apr 21
indie Semiconductor, Inc., Annual General Meeting, May 28, 2026 indie Semiconductor, Inc., Annual General Meeting, May 28, 2026. Anuncio • Apr 10
indie Semiconductor, Inc. to Report Q1, 2026 Results on May 07, 2026 indie Semiconductor, Inc. announced that they will report Q1, 2026 results After-Market on May 07, 2026 Anuncio • Mar 23
Indie Semiconductor Expands Quantum Portfolio With First UV DFB Laser Source At 399 Nm Wavelength Indie Semiconductor has released its first Ultraviolet (UV) Visible Distributed Feedback (DFB) 399 nm single-frequency laser diode optimized for quantum computing systems based on cooled Ytterbium atoms. With the addition of this new device in the UV spectrum, indie is expanding on its previously announced LXM-U and narrow-linewidth visible DFB lasers, furthering capabilities and strengthening photonics portfolio, which is enabling advanced quantum technologies. Photonics division continues to gain momentum as part of strategic expansion into adjacent markets outside automotive, including quantum and humanoids, as demonstrated by increasing customer traction and expanding product portfolio. Photonics plays a foundational role in emerging quantum technologies primed to reshape multiple markets in the coming decade — from secure communications and advanced sensing to computing platforms that accelerate discovery and decision-making. Quantum computers based upon cold-atom and trapped-ion architectures require multiple lasers for cooling, trapping, pumping and entanglement operations. To advance these platforms, there is a need for compact, cost-effective semiconductor laser sources, which are tailored to specific atom or ion transitions, especially in the visible and UV spectral range. The ELA350028 is the Company’s first commercially available DFB semiconductor laser source in the UV spectral range with narrow-linewidth output at 398.9 nm, engineered to specifically address the Ytterbium transition for atom cooling, while delivering the stability, compactness, and scalability required for next-generation quantum systems. The device provides a single spatial mode (TEM00) and stable single-frequency output with optical power levels up to 30 mW in a TO-56 package. Higher output power levels of a few 100 mW could be realized with a DFB-MOPA architecture featuring a monolithically integrated amplifier section. Building on indie’s visible DFB architecture, the laser operates in a single longitudinal mode with sub-MHz linewidth, eliminating the need for external cavity gratings or frequency-doubling schemes traditionally used to reach this wavelength. The design also achieves high side-mode suppression and low-noise operation, key requirements for precision quantum experiments and scalable computing platforms. It offers inherent mode-hop-free performance across a wide current and temperature range. Indie Semiconductor is currently sampling ELA350028 with customers. Anuncio • Feb 20
indie Semiconductor, Inc. Provides Revenue Guidance for the First Quarter of 2026 indie Semiconductor, Inc. provided revenue guidance for the first quarter of 2026. For the quarter, the company expects revenue to be between $52 million and $58 million, or $55 million at the midpoint. Anuncio • Jan 23
indie Semiconductor, Inc. to Report Q4, 2025 Results on Feb 19, 2026 indie Semiconductor, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 19, 2026 Anuncio • Nov 07
Indie Semiconductor, Inc. Appoints Naixi Wu as Chief Financial Officer, Effective November 6, 2025 indie Semiconductor, Inc. announced that Naixi Wu has been promoted to Chief Financial Officer, effective November 6, 2025, responsible for leading accounting and finance operations, overseeing financial reporting, tax, global treasury, and internal control activities. Naixi has been with the company for the past four and a half years and has demonstrated exceptional leadership and execution skills within finance organization, especially during the past months, in a period where executed on multiple complex transactions. Ms. Wu has had an extensive career in finance with nearly 20 years of experience. Ms. Wu, 41, has served as the Company’s Chief Accounting Officer since April 2025, leading indie’s accounting and finance operations and overseeing financial reporting. She joined indie in May 2021 as Director, SEC Reporting and served in that position until November 2021 when she assumed the role of Vice President, Accounting from November 2021 to September 2023. From September 2023 to April 2025, she served as Senior Vice President, Accounting. Prior to joining indie, from September 2017 to May 2021, Ms. Wu held senior accounting roles with increasing responsibility at CalAmp Corp., a company specializing in asset tracking services for various markets. Prior to CalAmp Corp., Ms. Wu operated as Senior Manager of Financial Reporting at Westfield and Director of Financial Reporting at RealD. She began her career in PricewaterhouseCoopers LLP’s Assurance Practice, where she held a series of roles with increasing responsibility. Ms. Wu holds a Bachelor of Arts in business economics with an emphasis on accounting from the University of California, Santa Barbara. Anuncio • Oct 15
indie's Narrow Linewidth Distributed Feedback Visible Lasers Empower Quantum-Enhanced Technologies indie has released a new Visible Distributed Feedback (DFB) gallium nitride-based (GaN) laser diode from its Photonics BU product line, enabling next-generation quantum, a wide range of automotive applications, including LiDAR and sensing, and Industrial Raman applications with ultra-stable, sub-MHz linewidths at wavelengths from the near-UV (375 nm) to green (535 nm). From laser sources to modulators and waveguides, photonics underpins emerging quantum technologies poised to reshape industries in the coming decade -- from secure communications (such as cryptography) and advanced sensing and computing platforms that accelerate discovery and decision-making across multiple markets. Unlike existing bulky external grating sources, indie's DFB devices offer mode-hop free performance over wide current and temperature range with an on-wafer spectral distribution of less than +- 1 nm, enabling high volume production without the need for traditional color binning. The ELA35 DFB lasers provide single spatial mode (TEMoo) output and are available in TO can and 14-pin butterfly packages with different fiber coupling options to enable photonic circuit integration for self-injection locking and future source miniaturization. Anuncio • Oct 14
indie Semiconductor, Inc. to Report Q3, 2025 Results on Nov 06, 2025 indie Semiconductor, Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Anuncio • Aug 08
indie Semiconductor, Inc. Provides Earnings Guidance for the Third Quarter of 2025 indie Semiconductor, Inc. provided earnings guidance for the third quarter of 2025. For the third quarter of 2025, the company expects revenue between $52 million and $56 million, or $54 million at the midpoint. Anuncio • Aug 07
indie Semiconductor, Inc. (NasdaqCM:INDI) signed a definitive agreement to acquire emotion3D GmbH for $30 million. indie Semiconductor, Inc. (NasdaqCM:INDI) signed a definitive agreement to acquire emotion3D GmbH for $30 million on August 7, 2025. indie will pay $20 million in cash at closing, in addition to an aggregate of up to $10 million performance based earnouts that will be payable if certain revenue targets are exceeded over a post-closing period ending in February 2027. The closing is subject to customary closing conditions, including regulatory clearance. It is expected to occur in the fourth quarter of 2025, and be immediately accretive. Anuncio • Jul 15
indie's LXM-U Laser Powers Next-Gen Quantum Technologies with Ultra-Low Noise Performance indie is rapidly gaining industry adoption in its photonics portfolio, with indie's latest ultra-low noise LXM-U lasers enabling next-generation quantum applications by delivering frequency stability and integration flexibility. indie's Photonics Business Unit (BU) was established earlier this year, combining photonics team (formerly TeraXion) in Canada, with a portfolio of laser and optical components, and recently acquired EXALOS team in Switzerland, with a class-leading super luminescent diodes (SLED) portfolio with unique photonic integration capabilities. indie's Photonics BU is focused on automotive Advanced Driver Assistance Systems (ADAS) use cases, including LiDAR and newly emerging adjacent industrial markets. With its ultra-low-frequency noise, 10x lower than competing technologies, and narrow-linewidth, the laser delivers the precision and stability required for the most demanding quantum applications. Its long-term stability maintains a locked operation for days, enabling reliable transmission of cryptographic keys. A unique differentiator of the LXM-U laser is the ease to co-package it with other lasers and Photonic Integrated Chips (PICs). This allows to collaborate closely with customers on the design, using their proprietary technology with laser to manufacture light engines with optimized performance and cost efficiency. Anuncio • Jul 11
indie Semiconductor, Inc. to Report Q2, 2025 Results on Aug 07, 2025 indie Semiconductor, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Anuncio • May 21
United Faith Auto-Engineering Co.,Ltd. (SZSE:301112) signed Framework agreement to acquire an unknown minority stake in Indie microelectronics (Wuxi) Co, Ltd. from 40 sellers. United Faith Auto-Engineering Co.,Ltd. (SZSE:301112) signed Framework agreement to acquire an unknown minority stake in Indie microelectronics (Wuxi) Co, Ltd. from 40 sellers including indie Semiconductor, Inc. (NasdaqCM:INDI), Jinjiang Keyu Shengda No. 2 Equity Investment Partnership Enterprise (Limited Partnership), Yangzhou Economic and Technological Development Zone Linxin Industrial Investment Fund Partnership Enterprise (Limited Partnership), Wuxi Linying Enterprise Management Consulting Partnership Enterprise (Limited Partnership) on May 20, 2025. The acquisition will be done through issuance of shares, convertible corporate bonds and payment of cash. The deal price is yet to be determined. The issuance price of the shares will be at CNY 20.40 per share. The convertible corporate bonds to be issued will have par value of CNY 100 per unit and the initial conversion price is CNY 20.40 per share. Other details of the bonds are to be determined. The shares to be issued will be subject to lockup period of 6 months to 36 months. Indie microelectronics had reported Total assets CNY 683.495 million, Owners’ equity of CNY 535.167 million, Operating revenue of CNY 584.147 million and Net profit of CNY -28.9912 million on December 31, 2024. This has been approved by UFAE’s 3rd directorate during its 25th meeting. The official proposal is still subject to approval by the counterparties. This is subject to state-owned assets supervisory procedures. This is subject to approval by UFAE’s shareholders. This is subject to approval by Shenzhen Stock Exchange. This is subject to deliberation by State Administration for Market Regulation. This is subject to all other approvals as may be required by the laws. Anuncio • May 13
Indie Semiconductor, Inc. Provides Earnings Guidance for Second Quarter of 2025 indie Semiconductor, Inc. provided earnings guidance for second quarter of 2025. For the quarter, the company expects revenue between $50 and $53 million, or $51.5 million at the mid-point. Anuncio • Apr 16
indie Semiconductor, Inc. to Report Q1, 2025 Results on May 12, 2025 indie Semiconductor, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 12, 2025 Anuncio • Apr 14
indie Semiconductor, Inc., Annual General Meeting, Jun 04, 2025 indie Semiconductor, Inc., Annual General Meeting, Jun 04, 2025. Anuncio • Jan 24
indie Semiconductor, Inc. to Report Q4, 2024 Results on Feb 20, 2025 indie Semiconductor, Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 20, 2025 Anuncio • Nov 26
indie Semiconductor Announces Automotive System Basis Safety IC Solution with Leading European Tier 1, Independently Certified to the Highest Functional Safety Rating indie Semiconductor has launched a system basis safety integrated chip (IC) solution for vehicle powertrain applications. Developed in close partnership with a leading European Tier 1 automotive system integrator, the IC provides critical safety monitor and supervision functionality for mission-critical powertrain operation. The solution has been independently certified by SGS-TUV Saar as ASIL-D (Automotive Safety Integrity Level D), the highest safety level defined in ISO 26262, the international standard for functional safety in road vehicles. This demanding level of ASIL-D functional safety has been achieved through a combination of rigorous development processes together with multiple dedicated on-chip failure detection and integrity measures, including high-accuracy voltage monitoring, logic function error monitoring, and a window watchdog, to help ensure a safe IC response in the event of a failure. The milestone achievement of ASIL-D safety certification further cements indie's position as an automotive market leader across the key megatrends of driver safety and automotive, in-cabin user experience and electrification, unlocking additional high-value design-win opportunities across a global OEM and Tier 1 customer base. First production deployments of indie's system basis safety IC are expected during the second half of 2025. Recent Insider Transactions • Nov 17
Co-Founder recently sold €356k worth of stock On the 12th of November, Donald McClymont sold around 80k shares on-market at roughly €4.45 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Donald's only on-market trade for the last 12 months. New Risk • Nov 10
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$115m Forecast net loss in 2 years: US$12m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$12m net loss in 2 years). Shareholders have been diluted in the past year (15% increase in shares outstanding). Reported Earnings • Nov 09
Third quarter 2024 earnings released: US$0.28 loss per share (vs US$0.12 loss in 3Q 2023) Third quarter 2024 results: US$0.28 loss per share (further deteriorated from US$0.12 loss in 3Q 2023). Revenue: US$54.0m (down 11% from 3Q 2023). Net loss: US$49.7m (loss widened 191% from 3Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Breakeven Date Change • Nov 07
No longer forecast to breakeven The 7 analysts covering indie Semiconductor no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$8.07m in 2026. New consensus forecast suggests the company will make a loss of US$1.71m in 2026. Anuncio • Oct 10
indie Semiconductor, Inc. to Report Q3, 2024 Results on Nov 07, 2024 indie Semiconductor, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Anuncio • Aug 21
indie Semiconductor Extends In-Cabin User Experience Portfolio with Addition of Qi2 MPP-Compliant Wireless Charging Solution indie Semiconductor has announced iND87204, its next-generation, highly-integrated automotive wireless charging system-on-chip (SoC). Fully compliant with the Wireless Power Consortium's (WPC) Qi 2.0 technical standard, iND87204 also extends support to the new Magnetic Power Profile (MPP) feature - branded "Qi2" by the WPC - bringing an improved charging experience by magnetically aligning devices with inductive charger coils for more energy efficient, reliable and convenient charging. The SoC integrates multiple Arm®? Cortex®? processors for application and WPC stack processing, and all of the key in-vehicle serial interfaces, power management, DC-DC conversion, signal conditioning, WPC inverter drivers, power FETs and peripheral drivers to enable a fully Qi2-compliant wireless charging solution delivering up to 15 watts of power. With the growing ubiquity of wireless charging capability within portable devices such as smartphones, tablets and laptops, drivers and passengers now expect the convenience of wireless device charging in their vehicles on the move. Building upon the success of first-generation wireless charging solution iND87200, the iND87204 delivers on this vision, featuring the industry's highest component integration for a Qi2 MPP-compliant SoC design, while simultaneously reducing the implementation footprint and external bill-of-materials by up to 50% relative to existing solutions. iND87204 is sampling with lead customers now and will be production released in the fourth quarter of 2024, fully qualified to AEC-Q100 Grade 2. Breakeven Date Change • Aug 13
Forecast to breakeven in 2026 The 8 analysts covering indie Semiconductor expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 36% per year to 2025. The company is expected to make a profit of US$2.18m in 2026. Average annual earnings growth of 61% is required to achieve expected profit on schedule. Anuncio • Aug 09
Indie Semiconductor, Inc. Provides Earnings Guidance for the Third Quarter of 2024 indie Semiconductor, Inc. provided earnings guidance for the third quarter of 2024. For the quarter, The company expects revenue to increase within the range of zero to 5%, or 2.5% at the midpoint. Reported Earnings • Aug 09
Second quarter 2024 earnings released: US$0.11 loss per share (vs US$0.092 loss in 2Q 2023) Second quarter 2024 results: US$0.11 loss per share (further deteriorated from US$0.092 loss in 2Q 2023). Revenue: US$52.4m (flat on 2Q 2023). Net loss: US$19.2m (loss widened 46% from 2Q 2023). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Anuncio • Jul 10
indie Semiconductor, Inc. to Report Q2, 2024 Results on Aug 08, 2024 indie Semiconductor, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 08, 2024 Anuncio • Jul 02
Indie Semiconductor Announces Appointment of Mark Tyndall as Executive Vice President of Corporate Development and Investor Relations indie Semiconductor, Inc. announced the appointment of Mark Tyndall as Executive Vice President responsible for Corporate Development and Investor Relations. Mr. Tyndall brings a wealth of semiconductor industry experience to indie from senior leadership roles at Dialog Semiconductor, MIPS Technologies, and Infineon Technologies, and most recently, as a founding semiconductor partner of Alexa Capital. At Dialog Semiconductor, he was SVP of Corporate Development, where he played a key role in driving the company's growth over a period of 14 years. He executed multiple acquisitions, including a key technology licensing deal with Apple, drove capital financing transactions, and was instrumental in negotiating the sale of Dialog to Renesas Electronics for $6 billion in 2022. Mr. Tyndall's responsibilities will include directing M&A activities, identifying and establishing strategic business partnerships and expanding indie’s relationships with the financial community. Anuncio • Jun 28
indie Semiconductor, Inc. Introduces Computer Vision Processor Family indie Semiconductor, Inc. announced the addition of a highly innovative iND880xx product line to its fast-growing vision processor portfolio, developed to address the demanding specifications of Advanced Driver Assistance Systems (ADAS) and driver viewing use cases, such as Surround View systems and Electronic Mirrors. This latest family of processors further enhances indie’s comprehensive suite of sensing solutions for computer vision, LiDAR, radar, and ultrasound, and underpins indie’s leadership as the only automotive company to offer a dynamic portfolio spanning all edge-sensing modalities. Vision-based sensing has rapidly become a critical sensor modality for ADAS, driven by government regulation, new car acceptance programs (NCAP), and improved consumer awareness of vehicle safety. Key safety applications enabled by vision sensing include automated emergency braking (AEB), lane keep assist (LKA), blind spot detection (BSD), driver and occupant monitoring (DMS/OMS), smart back-up, and vulnerable road user (VRU) protection. In fact, the need for improved VRU protection - which aims to safeguard pedestrians in particular - was recently bolstered by the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) AEB regulation FMV127. This progressive regulation includes testing requirements for pedestrian AEB (PAEB), including low-light and nighttime testing, placing stringent requirements on vision processor performance. The iND880xx video processor system-on-chip (SoC) family sets new benchmarks in image signal processing (ISP) performance and functionality for both viewing and sensing applications. Balancing the competing needs of low light sensor performance (luminance) and the ability to differentiate colors (chrominance) for high-performance perception (for example, to accurately differentiate red and amber traffic lights) has been an ongoing challenge for legacy vision processors. High latency initialization and pipeline processing has also limited legacy ADAS camera system real-time safety capabilities. The iND880xx family addresses these unique challenges through the product’s proprietary ISP pipeline ability to support concurrent, low-latency processing of four independent sensor inputs, delivering a combined maximum throughput of 1400 megapixels per second. Additionally, proprietary ISP features include a 24-bit processing pipeline that enables high dynamic range (HDR) processing up to 144dB, with dedicated support for the broadest range of sensor color filter arrays (CFAs), including RGGB, RCCB, RYYCy, and RGB-IR, facilitating the highest performance environmental perception even in low light conditions. Further, the ISP supports eWarp®, indie’s proprietary high-performance geometric processing, to dewarp image distortion from a wide field of view lens. These class-leading ISP capabilities allow automakers the scalability to deploy multiple instances of the iND880xx into various high-performance viewing and ADAS sensing use cases across their entire vehicle portfolio. The iND880xx family is sampling with select lead customers and will be in serial production deployment in 2025. The iND880xx solution will be showcased at the upcoming AutoSens Europe 2024 in Barcelona, Spain, October 8-10. Anuncio • Jun 05
Indie Semiconductor Reportedly Explores Options Including Sale indie Semiconductor, Inc. (NasdaqCM:INDI) has been exploring strategic options including a sale, people with knowledge of the matter said. The automotive technology company has been working with an adviser as it fields interest from prospective buyers, according to the people, who asked not to be identified discussing confidential information. Indie Semiconductor could attract interest from industry players and possibly private equity firms, they said. Shares in Indie Semiconductor rose as much as 16% on June 3, 2024 for their biggest intraday gain in more than six months. The stock was up 8% to $7.20 at 2:01 p.m. in New York, giving the company a market value of about $1.36 billion. There’s no certainty the deliberations will lead to a transaction, and Indie Semiconductor could opt to remain independent, the people said. A representative for Indie Semiconductor didn’t immediately respond to requests for comment. New Risk • May 13
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$76m Forecast net loss in 2 years: US$22m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$22m net loss in 2 years). Shareholders have been diluted in the past year (15% increase in shares outstanding). Breakeven Date Change • May 13
No longer forecast to breakeven The 8 analysts covering indie Semiconductor no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$15.3m in 2026. New consensus forecast suggests the company will make a loss of US$27.8m in 2026. Anuncio • May 11
indie Semiconductor, Inc. Provides Earnings Guidance for the Second Quarter of 2024 indie Semiconductor, Inc. provided earnings guidance for the second quarter of 2024. For the second quarter of 2024, the company expects indie’s revenue to be flat to up 5% sequentially, more than offsetting the current market softness stemming from the still ongoing industry-wide inventory rebalancing. Reported Earnings • May 10
First quarter 2024 earnings released: US$0.19 loss per share (vs US$0.55 loss in 1Q 2023) First quarter 2024 results: US$0.19 loss per share (improved from US$0.55 loss in 1Q 2023). Revenue: US$52.4m (up 29% from 1Q 2023). Net loss: US$31.2m (loss narrowed 57% from 1Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Semiconductor industry in Germany. New Risk • May 10
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$118m Forecast net loss in 3 years: US$250k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$250k net loss in 3 years). Shareholders have been diluted in the past year (14% increase in shares outstanding). Anuncio • Apr 23
indie Semiconductor, Inc. Launches Advanced Smart Connectivity Solutions for In-Cabin Applications indie Semiconductor, Inc. introduced a family of new high-performance video converters and retimers to enable in-cabin connectivity applications, including audio and video transport and device interfacing. These new capabilities expand indie’s innovative lineup of in-cabin solutions, empowering global Tier 1 system integrators to deliver best-in-class in-vehicle experience to automakers. Effective interpretation and presentation of high-bandwidth data is essential for multi-screen, multi-zone applications, including in-cabin audio-video entertainment, camera, radar and other sensor-information for parking and safety features, and more. indie’s new family of system-on-chip (SoC) converters support the diverse interfaces these applications necessitate, including DisplayPort, USB, HDMI and LVDS, while the retimer products feature receive equalization to maximize signal quality and transmission distance. indie’s smart connectivity solutions are set to ramp in 2025. Anuncio • Apr 21
indie Semiconductor, Inc., Annual General Meeting, Jun 13, 2024 indie Semiconductor, Inc., Annual General Meeting, Jun 13, 2024. Anuncio • Apr 12
indie Semiconductor, Inc. to Report Q1, 2024 Results on May 09, 2024 indie Semiconductor, Inc. announced that they will report Q1, 2024 results After-Market on May 09, 2024 Breakeven Date Change • Feb 27
Forecast breakeven date pushed back to 2026 The 7 analysts covering indie Semiconductor previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 65% per year to 2025. The company is expected to make a profit of US$14.5m in 2026. Average annual earnings growth of 81% is required to achieve expected profit on schedule. Reported Earnings • Feb 23
Full year 2023 earnings released: US$0.81 loss per share (vs US$0.37 loss in FY 2022) Full year 2023 results: US$0.81 loss per share (further deteriorated from US$0.37 loss in FY 2022). Revenue: US$223.2m (up 101% from FY 2022). Net loss: US$117.1m (loss widened 170% from FY 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Anuncio • Jan 23
Indie Semiconductor, Inc. Announces Board Changes indie Semiconductor, Inc. announced the promotion of a few outstanding senior executives within the organization. These individuals have demonstrated exceptional leadership, business acumen and automotive industry relationships, and have already made significant contributions to the success of indie in relatively short order. In their new roles, these key management team members will help drive indie’s market outperformance and realize the Company’s vision of creating an Autotech powerhouse. Peter Gulden appointed Executive Vice President of Radar Systems and Software. Dr. Gulden was formerly Senior Vice President of indie’s Radar Systems and Software business unit and Managing Director of Symeo, an indie Semiconductor company. He joined indie in January 2022, via the acquisition of Analog Device’s Radar Systems Group where Dr. Gulden was the Engineering Director for automotive and industrial radar systems. Previously, Dr. Gulden was Chief Technology Officer for Symeo, a leader in radar sensor technology for automotive and industrial markets. He started his career at Siemens, where he led the research and product development for radar and LiDAR systems. Dr. Gulden earned his Master’s in Electrical and Computer Engineering from Purdue University and earned his Doctorate in Engineering and Electronics Communication Technology from The University of Siegen, Germany. Abhay Rai appointed Chief Product Officer. Mr. Rai previously held the position of Executive Vice President and General Manager of indie’s Vision business unit and has been a leader in expanding indie’s sensing portfolio through accelerated internal development, complemented with inorganic growth. Prior to joining indie in January 2021, Mr. Rai was the Global Vice President of Product Marketing for Visteon, responsible for new product development, introduction, and expansion into the automotive electronics and electrification market. Mr. Rai has previously held senior product marketing and commercial positions at automotive sensor leaders Sony and Aptina. Mr. Rai earned his Master of Science in Electrical Engineering from Colorado State University, and an Executive MBA from UC Berkeley Haas School of Business. Michael Wittmann appointed Chief Operating Officer Mr. Wittmann previously held the position of Senior Vice President and General Manager of indie’s Power business unit, responsible for business execution, product definition and portfolio planning. Prior to joining indie in March 2021, he was with Intel, serving in a variety of senior and General Manager roles in wireless connectivity. Before Intel, Mr. Wittmann held senior marketing and business development positions with Infineon technologies, including Director of Automotive Power Modules at International Rectifier. Mr. Wittmann received a Diploma in Electrical Engineering from RWTH Aachen University, Germany. Anuncio • Jan 19
indie Semiconductor, Inc. to Report Q4, 2023 Results on Feb 22, 2024 indie Semiconductor, Inc. announced that they will report Q4, 2023 results at 5:00 PM, US Eastern Standard Time on Feb 22, 2024 Anuncio • Nov 12
indie Semiconductor, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year of 2023 indie Semiconductor, Inc. provided revenue guidance for the fourth quarter and full year of 2023. For the fourth quarter of this year, The company expects accelerating revenue growth to the $70 million -$75 million range. The company reiterates the plan to more than double revenue in 2023. Reported Earnings • Nov 10
Third quarter 2023 earnings released: US$0.12 loss per share (vs US$0.31 loss in 3Q 2022) Third quarter 2023 results: US$0.12 loss per share (improved from US$0.31 loss in 3Q 2022). Revenue: US$60.5m (up 101% from 3Q 2022). Net loss: US$17.1m (loss narrowed 55% from 3Q 2022). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Anuncio • Oct 25
indie Semiconductor Launches Breakthrough Computer Vision Processor indie Semiconductor has expanded its automotive camera video processor portfolio with the commercial release of iND87540, a highly integrated system-on-chip (SoC) that enables viewing and sensing capability at the vehicle’s edge. As government regulators, new car safety assessors and consumers demand higher performance driver and road user safety features, automakers are increasingly seeking camera-based Advanced Driver Assistance System (ADAS) solutions that enable volume scalability, across their vehicle classes. This demands a ‘distributed intelligence’ architectural approach to vision sensing, and high levels of integration coupled with low power consumption to meet the needs of mass market deployments. indie’s iND87540 was developed to address these challenging design requirements. iND87540 is also a preferred solution by end customers as a pre-processor for powerful central compute and provides real-time image processing for optimal detection performance. Integrating real-time, on-chip image signal processing (ISP), digital signal processing (DSP) and customized hardware, the iND87540 enables viewing and sensing capabilities within the stringent power, latency and compact form factor needed for scalable vision architectures. The SoC provides computer vision processing that can run a range of algorithms, enabling ADAS functions including pedestrian detection, object detection, blind spot detection, cross traffic alerts as well as driver and occupant monitoring (DMS/OMS). indie complements this class-leading SoC hardware with value-add proprietary high-performance embedded algorithms such as auto calibration (AutoCAL®) and dirty lens detection. According to S&P Global, shipments of automotive electronic control units (ECUs) incorporating vision-based processing are expected to grow from 232 million units in 2022, to nearly 400 million units by 2027. The iND87540 has been developed to ISO 26262 ASIL-B requirements, is AEC-Q100 Grade 2 qualified and hosts the AutoSAR software stack. The SoC is available now for vehicle integration and is currently in advanced development with select Tier 1 customers. Board Change • Oct 10
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Independent Chairman Dave Aldrich is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Anuncio • May 06
indie Semiconductor, Inc., Annual General Meeting, Jun 21, 2023 indie Semiconductor, Inc., Annual General Meeting, Jun 21, 2023, at 13:00 Pacific Standard Time. Agenda: To elect three Class II directors for terms expiring at the 2026 Annual Meeting of Stockholders and until their respective successors are elected and qualified; to ratify the appointment of KPMG LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2023; To approve an amendment to company's Amended and Restated Certificate of Incorporation to increase the number of authorized shares of Class A common stock; and to consider other matters. Anuncio • Feb 11
indie Semiconductor, Inc. (NasdaqCM:INDI) entered into definitive agreement to acquire GEO Semiconductor Inc. for $275 million. indie Semiconductor, Inc. (NasdaqCM:INDI) entered into definitive agreement to acquire GEO Semiconductor Inc. for $275 million on February 9, 2023. indie will pay $180 million in the aggregate to GEO equity and debt holders at closing, comprised of $90 million in cash plus approximately 12 million indie Class A common shares, based on a 20-day VWAP. In addition, if certain performance targets are exceeded over an 18-month post-closing period, there is an opportunity for such holders to earn up to $90 million more in equity, collared between $8.50 and $11.50 per INDI Class A common share. The transaction has been approved by the boards of directors of both indie and GEO. indie expects the acquisition to be accretive to 2023 non-GAAP earnings per share. The transaction is subject to customary closing conditions and expected to close in the first quarter of 2023. Keith Flaum and Adrienne Ellman of Hogan Lovells US LLP acted as legal advisor to indie Semiconductor, Inc. (NasdaqCM:INDI). Dorsey & Whitney LLP acted as legal advisor to GEO Semiconductor Inc.